1041

(a) In this chapter, unless the context or subject matter requires otherwise—\n'bank' includes any person or association of persons, whether incorporated or not, carrying on the business of banking; 'fiduciary' includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate; 'person' includes a corporation, partnership, or other association, or two or more persons having a joint or common interest; and 'principal' includes any person to whom a fiduciary as such owes an obligation.\n(b) A thing is done 'in good faith' within the meaning of this chapter, when it is in fact done honestly, whether it be done negligently or not.